Question

Question 46

In questions 24 to 59, fill in the blanks to make the statements true.
A fruit seller purchased 20 kg of apples at Rs. 50 per kg. Out of these, 5 % of the apples were found to be rotten. If he sells the remaining apples at Rs. 60 per kg, then his ___ is ___ %.

Answer 1

We have, price for per kg apples = Rs. 50
Total purchased apples = 20 kg
Since, 5% were rotten, so good apples = 20 kg - 5 % of 20 kg (rotten)
$=20-\frac{5}{100}\times 20=20-1=19kg$
Also, he sells 19 kg apples at Rs. 60 per kg.
$\therefore$ Total selling price $=19\times 60=Rs.1140$
$\therefore$ Cost price was 20 kg apples $=20\times 50=Rs.1000$
$\therefore$ Profit = SP - CP = 1140 - 1000 = Rs. 140
Now, profit % $=\frac{Profit}{CP}\times 100\%=\frac{140}{1000}\times 100\%=\frac{140}{10}=14\%$
So, his profit is 14 %.